Associated tags: Landstar System, LSTR, Transport, Webcast, Conference, Internet, Safety, ISO, ISO 9001:2015, Health
Locations: JACKSONVILLE, FL, US
Retrieved on:
Wednesday, April 24, 2024
Truckload transportation revenue hauled via van equipment in the 2024 first quarter was $628.3 million, compared to $755.1 million in the 2023 first quarter.
Key Points:
- Truckload transportation revenue hauled via van equipment in the 2024 first quarter was $628.3 million, compared to $755.1 million in the 2023 first quarter.
- Truckload transportation revenue hauled via unsided/platform equipment in the 2024 first quarter was $343.0 million, compared to $377.6 million in the 2023 first quarter.
- Revenue from other truck transportation, which is largely related to power-only services, in the 2024 first quarter was $72.0 million, compared to $159.5 million in the 2023 first quarter.
- Revenue hauled by rail, air and ocean cargo carriers was $76.8 million, or 7% of revenue, in the 2024 first quarter, compared to $86.8 million, or 6% of revenue, in the 2023 first quarter.
Retrieved on:
Wednesday, April 10, 2024
JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 24, 2024.
Key Points:
- JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 24, 2024.
- The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 25, 2024 at 8:00 a.m.
- ET to discuss the first quarter results and current outlook.
- To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2024 Earnings Release Conference Call."
Effective today, Matt Dannegger has been appointed Chief Field Sales Officer, and Jim Applegate has been appointed Chief Corporate Sales, Strategy and Specialized Freight Officer.
Key Points:
- Effective today, Matt Dannegger has been appointed Chief Field Sales Officer, and Jim Applegate has been appointed Chief Corporate Sales, Strategy and Specialized Freight Officer.
- In his role as Chief Field Sales Officer, Mr. Dannegger will be responsible for the recruiting and growth of Landstar’s independent sales agents.
- As Chief Corporate Sales, Strategy and Specialized Freight Officer, Mr. Applegate will be responsible for Landstar’s corporate sales efforts, strategic growth initiatives, specialized freight offerings, and business development.
- Since joining Landstar in 2009, he has served as a vice president in various sales roles including business development, business solutions and corporate sales.
Retrieved on:
Wednesday, January 31, 2024
EPS,
Landstar System,
Transport,
Atmosphere,
Investment,
BCO,
Weakness,
Webcast,
Insurance,
Conference,
LSTR,
Video game Gross profit in the 2022 fourth quarter was $180.0 million and variable contribution in the 2022 fourth quarter was $234.0 million.
Key Points:
- Gross profit in the 2022 fourth quarter was $180.0 million and variable contribution in the 2022 fourth quarter was $234.0 million.
- Truckload transportation revenue hauled via van equipment in the 2023 fourth quarter was $618.6 million, compared to $869.8 million in the 2022 fourth quarter.
- Truckload transportation revenue hauled via unsided/platform equipment in the 2023 fourth quarter was $339.9 million, compared to $423.4 million in the 2022 fourth quarter.
- The soft macro-freight environment, along with the additional operating week in the 2022 fourth quarter, made for challenging 2023 fourth quarter to 2022 fourth quarter comparisons,” said Landstar President and Chief Executive Officer Jim Gattoni.
Retrieved on:
Wednesday, January 17, 2024
JACKSONVILLE, Fla. , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2023 fourth quarter results after the market closes on Wednesday, January 31, 2024.
Key Points:
- JACKSONVILLE, Fla. , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2023 fourth quarter results after the market closes on Wednesday, January 31, 2024.
- The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, February 1, 2024 at 8:00 a.m.
- ET to discuss the fourth quarter results and current outlook.
- To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2023 Earnings Release Conference Call."
Retrieved on:
Tuesday, December 5, 2023
JACKSONVILLE, Fla., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 4, 2023, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000.
Key Points:
- JACKSONVILLE, Fla., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 4, 2023, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000.
- The increase to the share purchase program reflects a new authorization to purchase 319,332 shares of Landstar System common stock in addition to the remaining capacity under the existing authorization to purchase 2,680,668 shares.
- The Company also returned $117.1 million to stockholders in the form of cash dividends paid on shares of its common stock during the 2023 fiscal year.
- The Company intends to continue to use its available free cash flow to purchase its stock under its stock purchase program."
Partnership,
CSX Corporation,
Service,
Retirement,
CSX,
Special,
Service design,
LSTR,
Beacon,
Transport,
Compensated emancipation,
Beacon Building Products,
BECN,
Management Mr. Lonegro will also be appointed to the Board of Directors of Landstar System, Inc. as of his commencement as CEO, succeeding Mr. Gattoni who will be stepping down from the Board as of February 2, 2024.
Key Points:
- Mr. Lonegro will also be appointed to the Board of Directors of Landstar System, Inc. as of his commencement as CEO, succeeding Mr. Gattoni who will be stepping down from the Board as of February 2, 2024.
- Mr. Lonegro is joining Landstar from Beacon Building Products (Nasdaq: BECN), where he currently serves as Executive Vice President and Chief Financial Officer.
- “The Board is delighted to welcome Frank and his impressive record of achievement to Landstar.
- “It is my privilege to guide Landstar into the future as we write the next chapters in Landstar’s impressive story.”
Retrieved on:
Tuesday, November 7, 2023
JACKSONVILLE, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2023 Annual Investment Conference.
Key Points:
- JACKSONVILLE, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2023 Annual Investment Conference.
- Landstar’s "fireside chat" discussion begins at 1:00 p.m.
- The Stephens 2023 Annual Investment Conference webcast will be available on Landstar’s website through November 22.
- For more information about the webcast, please contact Landstar’s Investor Relations department at 904-390-1305 or email [email protected].
Retrieved on:
Wednesday, October 25, 2023
Landstar System,
Insurance,
Conference,
Atmosphere,
LSTR,
Transport,
EPS,
Webcast,
BCO,
Weakness,
Investment,
Video game JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion.
Key Points:
- JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion.
- Landstar reported EPS of $2.76 on revenue of $1.816 billion in the 2022 third quarter.
- Gross profit in the 2022 third quarter was $185.7 million and variable contribution in the 2022 third quarter was $245.7 million.
- Truckload transportation revenue hauled via van equipment in the 2023 third quarter was $665.6 million, compared to $914.2 million in the 2022 third quarter.
Retrieved on:
Wednesday, October 11, 2023
JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today it will release its 2023 third quarter results after the market closes on Wednesday, October 25, 2023.
Key Points:
- JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today it will release its 2023 third quarter results after the market closes on Wednesday, October 25, 2023.
- The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, October 26, 2023 at 8:00 a.m.
- ET to discuss the third quarter results and current outlook.
- To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2023 Earnings Release Conference Call."
